Also means
insurer
Usage Note
Asegurador functions as both an adjective ('that insures, reassuring') and a noun (el asegurador — the insurer, the underwriter). In insurance and legal contexts la entidad aseguradora is the insuring entity. The feminine is aseguradora, and la aseguradora is commonly used as a noun meaning 'insurance company'.
Examples
"La empresa aseguradora cubre todos los daños."
Natural Translation
The insurance company covers all damages.

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